We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
MARKET AND NON-MARKET ALTERNATIVES IN THE PUBLIC-FINANCED SERVICES SECTOR IN BULGARIA: DISCREPANCIES OF BORDERS.
- Authors
Valkov, Alexander; Penkova, Evgenia
- Abstract
The article presents results - theoretical summaries and empirical arguments from a study conducted in the period 2016-2018 aiming to make a snapshot of the processes of production and consumption of public services in Bulgaria. Authors are part of a team that has been implementing a research program for more than 20 years to study market and non-market failures their dynamics and interaction in the processes of market transformation in publicly funded services. The interaction and the relationship between them is a driving force in making a choice between market and non-market alternatives in their production and supply. Analyzes show that in recent years the scope of market and non-market failures inherent in publicly funded services has been growing thanks to the development of hybrid forms of organization of activities. The widespread use of mixed supply and financing mechanisms changes the role of public administration from a direct participant to a regulator of economic and social processes. When the state does not effectively perform this function the mixed forms of supply become a field for mutual penetration and superimposition of market and non-market failures that destroys the balance between the market and the state in this sector.
- Subjects
SOCIAL processes; PHOTOGRAPHS; EMPIRICAL proof of God; MUNICIPAL services; PUBLIC administration
- Publication
Knowledge: International Journal, 2020, Vol 41, Issue 1, p81
- ISSN
2545-4439
- Publication type
Article